Consolidated balance sheets

December 31, 2013 and 2012
(Thousands of pesos)

      December 31,
    Note   2013   2012
Assets            
Current assets:            
Cash and cash equivalents   7 $ 1,618,060 $ 2,910,124
Short - term loan portfolio - net   8   21,436,709   17,561,620
Value added tax recoverable - net       1,043,057   994,584
Income tax recoverable - net   23   814,611   402,997
Other accounts receivable - net   9   597,059   920,354
Inventory   11   11,421,969   10,558,247
Derivative financial instruments   10   7,759   -
Prepaid expenses   2.29   617,387   520,160
Total current assets       37,556,611   33,868,086
Non - current assets:            
Long - term loan portfolio - net   8   6,744,558   6,389,578
Long - term other accounts receivable - net   9   141,132   172,117
Derivative financial instruments   10   312,114   318,364
Investment in shares of associated companies   12   4,616,854   4,007,211
Intangibles - net   15   1,793,911   1,503,847
Investment properties - net   13   14,233,786   12,360,087
Property, furniture and equipment - net   14   29,054,263   26,490,563
Employee benefits - net   19   483,675   -
Total     $ 94,936,904 $ 85,109,853
             
Liabilities and stockholders' equity            
Current liabilities:            
Suppliers     $ 11,454,374 $ 10,288,069
Provisions   16   1,282,636   1,501,543
Deferred income   2.24   1,541,032   1,480,314
Creditors       5,189,318   4,446,520
Loans from financial institutions   17   2,011,128   -
Issuance of unsecured notes   18   4,000,000   -
Derivative financial instruments   10   147,983   -
Total current liabilities       25,626,471   17,716,446
Long - term loans from financial institutions   17   921,456   921,456
Long - term unsecured notes   18   8,000,000   12,000,000
Derivative financial instruments   10   120,599   341,237
Employee benefits - net   19   355,459   398,645
Deferred income tax   23.2   5,085,587   4,202,359
Total liabilities       40,109,572   35,580,143
             
Stockholders' equity:            
Capital stock   24   3,374,282   3,374,282
Retained earnings:            
Prior years'       42,645,852   37,919,186
For the period       7,701,930   7,197,700
Capital reserves   24   1,102,919   1,036,515
Stockholders' equity attributable to owners of the Holding company       54,824,983   49,527,683
Non-controlling interest       2,349   2,027
Total stockholders' equity       54,827,332   49,529,710
Total     $ 94,936,904 $ 85,109,853

The accompanying notes are an integral part of these consolidated financial statements.